See Home Value
$4,569,824*
House - Off Market

716 N Martel Ave

Los Angeles, CA 90046
bedrooms
5 Beds
bathrooms
6 Baths
square feet
4978 Sqft
$3,956,000 - $4,834,000
Reference Base Price*
3.98%
Since Apr 1, 2023
CA-Los Angeles
Primary Model
Sold Jan 17, 2018
$3,700,000
Sold Nov 26, 2014
$1,250,000
$875,000 by Commonwealth Business Bank
Mortgage

About This Property

Presenting a stunning, modern Melrose architectural set behind mature privacy hedges on an expansive 8,228-square-foot lot with additional pool house. A sunlight-filled foyer with clean lines and geometric form welcomes guests near the ascending floating staircase. The adjacent formal living room has recessed lighting, two picture windows framing greenery, and wood floors that give way to the rest of the open-concept layout. The elegant kitchen is complete with glossy cabinetry, custom state-of- the-art appliances, center island with L-shaped breakfast bar, and plenty of storage space. Fleetwood doors in both dining room and family room allow for seamless indoor/outdoor flow, perfect for hosting family and friends. Upstairs, the primary suite includes a private patio, fireplace, and bathroom with soaking tub, floating dual-sink vanity, and oversize double rainwater shower with bench seating. Nearby, a spacious walk-in closet is fitted with custom built-ins. Other bedrooms and bathrooms are appointed with on-trend fixtures and finishes. There is also a theatre with blackout screen, an office, and laundry with ample counter space and cabinetry. Enjoy sunset dinners from the roof and relax in the rooftop spa, with its views of treetops, the Hollywood sign, and the hills beyond. The backyard is an entertainer's delight, offering a side patio for al-fresco dining, space for lounging poolside, spa, and outdoor cabana with fireplace and art sculpture. Welcome to this elegant sanctuary nestled amidst entertainment, shopping, boutiques, and fine dining, all within walking distance.

The manager has listed the unit size as 4978 square feet.
Unit Size
4,978Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$883
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017

Price History

Date / Event Date Event Price
Mar 30, 2023 No longer available -
No longer available
Feb 7, 2023 Listed $4,395,000
Listed
Jan 26, 2023 No longer available -
No longer available
Oct 14, 2022 Listed $4,395,000
Listed
This stunning, modern architectural home is set behind mature privacy hedges on an expansive 8,228-square-foot lot with additional pool house. A sunlight-filled foyer with clean lines and geometric form welcomes guests near the ascending floating staircase. The adjacent formal living room has recessed lighting, two picture windows framing greenery, and wood floors that give way to the rest of the open-concept layout. The elegant kitchen is complete with glossy cabinetry, custom state-of…

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: B
  • Construction Type: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,228
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,978
  • Building Area: 4,978
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 4,978
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5665
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5665 LOT/SEC 81

Ownership

  • Current Owner : BENAROYA LARRY R
  • Current Owner 2: THE WEST TRUST
  • Previous Owner : MODERN DESIGNS LLC
  • Owner Before Previous Owner: ABRAMS LEONARD
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 192002

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 34-A5
  • Subdivision Tract Number: 5665
  • Parcel: 5526-009-023
  • Lot: 81
  • Municipality: WEST /WEST HOLLYWOOD
  • Latitude: 34.0842
  • Longitude: -118.351

    Address

  • Full Address: 716 N Martel Ave
  • Address - House Number: 716
  • Street Direction: N
  • Address - Street Name: Martel
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C069
  • 4-Digit Zip Code: 7507
  • Zip Code: 90046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $46,876
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 96
  • Final Value: 4,391,631
  • High Value: 4,689,217
  • Low Value: 4,094,045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,046,489
  • Assessed Land Value: $2,187,292
  • Assessed Improvements Value: $1,859,197

    Sales

  • Current Sale Contract Date: Jan 16, 2018
  • Current Sale Recording Date: Jan 17, 2018
  • Current Sale Transaction ID: 11372931498
  • Current Sale Price: $3,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0050150
  • Previous Sale Recording Date: Nov 26, 2014
  • Previous Sale Contract Date: Oct 28, 2014
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: COMMONWEALTH BUSINESS BANK
  • Previous Mortgage Transaction Date: Nov 26, 2014
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $875,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5.5 Baths
5,161 ft²
$928/ft²
$4,789,000 Jan 5, 2023
-
-
House
5 Beds
5.5 Baths
5,472 ft²
$831/ft²
$4,549,000 Sep 13, 2022
-
-
House
5 Beds
5 Baths
4,420 ft²
$1,130/ft²
$4,995,000 Dec 7, 2022
-
-
House
5 Beds
5.5 Baths
5,345 ft²
$682/ft²
$3,645,000 Aug 25, 2022
-
-
Multifamily
14 Beds
-
-
$3,900,000 Jul 1, 2022
-
-

About Central LA


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Frequently Asked Questions

When was property at 716 North Martel Avenue built and last sold?
The property at 716 North Martel Avenue was built in 2017 and last sold on Jan 16, 2018 for $3,700,000.
How much is this home worth?
The estimated value of the home located at 716 North Martel Avenue is $4,438,950.
What are some comparable homes to 716 North Martel Avenue?
Homes that are comparable to 716 North Martel Avenue include a house property at 832 North Genesee Avenue, 852 North Vista Street, 635 North Fuller Avenue.

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